Question

Find the compound interet on rs 5000 at 6percentage per annum for 3 years?

Answer 1

Here is your answer buddy,

Principle = 5000
Rate = 6%
Time = 3 yrs.

Therefore,

CI = Rs P(1+r/100)^3
= Rs 5000 ( 1+6/100)^3
= Rs 5000(106/100)^3
= Rs 5000 (53/50)^3
= Rs 5000 53×53×53/50×50×50 ( as 53 and 50 have been given cube)
= Rs 53×53×53/5×5 ( as 5000/ Zero's and 5)
= Rs 148877/ 25
= Rs 5955.08

Hope this helps you.
Be Brainly.